A “simpler” solution won’t work, says Dickson
Banks must start providing better disclosure in Q1 2013
The proposals would move capital requirements in line with Basel III
Some companies have already missed Basel III implementation deadline
New capital rules could restrict the ability of banks to increase dividends or undertake share buybacks
Proposals designed to improve the transparency of regulatory capital and enhance market discipline
Liquidity coverage ratio on banks to be introduced as a minimum standard in 2015
Report ranks each country’s progress
Global securities industry lobbyists warn financial transaction tax will harm economic growth
Existing principles are being enhanced to strengthen supervisory practices and risk management